948 RIVER Road, Wasaga Beach, ON

$1,150,000
MLS#:S12745912
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
948 RIVER Road E, Wasaga Beach, ON L0L 2P3
⚠️

Property no longer active

This property was sold on February 1, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wasaga Beach. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 60 x 315 ft lot
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with wall unit(s) central cooling and highly efficient other heating via electric

Description

Beach side property with 60 ft frontage and double deep lot (315ft). Set on a private double lot with 60 ft of waterfront and over 300 ft of depth (60' x 315' x 34' x 305'), this unique property offers frontage on both Eastdale and River Road East. Discover a rare waterfront gem on one of North America's most serene beaches, known for breathtaking sunsets and a tranquil atmosphere. This charming 750 sq. ft., 2-bedroom, 1-bathroom cottage offers the perfect four-season retreat for family gatherings, relaxation, and fun. Step directly onto the soft sandy beach and wade into shallow sandbars, ideal for children to play safely. The spacious 2-tiered deck overlooking the water is perfect for entertaining, while the campfire area invites cozy evenings watching sunsets and listening to the soothing sound of waves. Thoughtfully updated with new windows, electrical systems, spray foam insulation, a modern panel, and new appliances, the property is ready for comfortable year-round living. Rebuild your dream home and enjoy stunning views of Blue Mountain across the bay, with no development fees ($40-50K savings) if rebuilt within five years of removing the current structure. Whether you're fishing, boating, skiing at nearby Blue Mountain, or snowmobiling on local trails, this property is your gateway to adventure and lasting memories. Conveniently close to town yet offering a true sense of escape, this rare property is your opportunity to enjoy the ultimate beachfront lifestyle today while planning for tomorrow. Don't miss your chance to own this incredible piece of Wasaga Beach. Contact us today to learn more about this rare opportunity - it wont last long!

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Property Summary

This detached home located at 948 RIVER Road, Wasaga Beach is currently for sale and has been available on SousaSells for 188 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 948 RIVER Road, Wasaga Beach is in the Wasaga Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wasaga Beach, Wasaga Beach.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 1, 2026
Sold price information is available to members only
Listed Date1/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size60 × 315 Feet
CountySimcoe
Annual Tax$5,189
Legal DescriptionLT 9 PL 841 FLOS; WASAGA BEACH

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingWall Unit(s)

Features

Property Features

  • Beach

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 948 RIVER Road, Wasaga Beach, ON

Q.What is the asking price for 948 RIVER Road, Wasaga Beach, ON ?

The current listing price for 948 RIVER Road, Wasaga Beach, ON in Wasaga Beach, Wasaga Beach is $1,150,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 948 RIVER Road, Wasaga Beach, ON ?

948 RIVER Road, Wasaga Beach, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 948 RIVER Road, Wasaga Beach, ON offer?

Key property features include: Beach.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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948 RIVER Road, Wasaga Beach, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 948 RIVER Road E, Wasaga Beach, ON L0L 2P3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wasaga Beach.

Configure Loan Settings

Interest Rate4.00%
Down Payment$345,000 (30.0%)
* Minimum Canadian down payment required for this price is $230,000.
Amortization Period30 Years
Estimated Monthly Payment$3,828Based on a loan of $805,000 over 30 years.
Purchase Price$1,150,000
Loan Amount$805,000
Provincial Land Transfer Tax:$19,475
Total Estimated Closing Taxes:$19,475

About Purchasing a Home in Wasaga Beach, ON

For a property listed at $1,150,000 in Wasaga Beach, the legal minimum down payment is $230,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,475 for this transaction. As this listing is in Wasaga Beach (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,475.

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Wasaga Beach, Wasaga Beach Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wasaga Beach, Wasaga Beach.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,008,008

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Wasaga Beach, Wasaga Beach

Elementary Schools

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Secondary Schools

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Wasaga Beach, Wasaga Beach Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.